公司金融具体的研究方向是什么？

公司金融具体的研究方向：主要是从公司治理的角度去分析，也就是相关利益者之间的各种关系，比如股东与管理者之间的代理问题，股东与债权人的关系，大股东（控股股东）与小股东之间的关系。从个利益相关者的利益权衡中去分析公司的资本结构、股利政策、现金持有等问题。另外还有学者从法与制度（公司外部**去分析公司金融的东西。公司金融的主要课题是，以下以一份公司金融博士课程安排为例：financial policy:general theories 1.f**her separation theorem;modigliani-miller propositions;trade-off theory of capital structure 2.basic agency ideas:debt as a d**ciplining device;indirect costs of debt financing(r**k-shifting,debt overhang)3.asymmetric **rmation:debt signaling;signaling with inside equity;financing investment under asymmetric **rmation 4.security design approach to capital structurefinancial policy:empirical approaches to general theories 5.capital structure:determinants;trade-off versus pecking order;market timing,inertia;dynamic models 6.financing constraints:investment-cash flow sensitivityfurther topics(theory and/or empirics):7.industry equilibrium:-liquidation values of specialized assets:shleifer and v**hny(1992),pulvino(1998)-equity holder – debt holder conflicts:maksimovic and zechner(1991)-empirical facts:almazan and molina(2005)8.efficiency of multi-div**ional firms:internal capital markets theories and the diversification d**count-stein(1997),scharfstein and stein(2000),rajan,servaes,and zingales(2000)-schoar(2002),maksimovic and phillips(2002),chevalier(2004),graham,lemmon,and wolf(2002),others 9.initial public offerings:puzzles,theories,current research 10.financial intermediation;costs and benefits of **rmed finance:rajan(1992)11.lending channel and supply-side effects in corporate financing:holmstrom and tirole(1997)12.**rmation from stock prices to cash flows 13.stock market and managerial incentives:earnings manipulation 14.labor market and managerial incentives:herding 15.investor protection,international corporate finance 现在一部分前沿的公司金融研究是和资产定价以及宏观经济**系在一起的：比如研究公司融资与资产价格的关系，比如研究在商业周期波动中公司融资**的变动等等，以及流动性问题的宏观影响。当然这些领域也不是现在才开始的，但直到最近仍然有重要的文章出现。